782 Yale, Akron, OH 44311

$240,000

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Sold Price
$240,000
List Price
$249,900
Status
CLOSED
Days on Market
566
Closing Date
Jul 29, 2025
MLS#
5010345
Subtype
Commercial Sale
Foreclosure
Yes
Year Built
1921
Acres
0.17
Subdivision
Coburn Allotment
Neighborhood
Coburn Allotment
MLS Area Major
Akron

Property Description

Welcome to 782 Yale Street. This apartment building is very well maintained and has beautiful curb appeal. There are 4 one bedroom units. 1 bedroom(Rents for $750 per month) has a large Living Room, Dining Room, Kitchen and Bathroom. New Vinyl Siding ( 2024) installed. Another one (1) bedroom rents for $650. New Roof and Vinyl Siding ( 2024)The remaining two (2) one (1) bedroom units rent for $600 a piece.This building generates a good cash flow of approximately $1,100 (projected rent per month) with long term tenants. This 4 one bedroom unit building has a gross rent of approximately $2,000 per month. The tenants pay all utilities except water/trash. The owner pays Water ($200 per month), trash($75 per month), and insurance ($1,400) per year. This property is minutes away from Downtown Akron, University of Akron and Expressways. 48 hour notice required. Call for your private showing.

Additional Information

Taxes
$3,800
Zoning
Multi-Family
Heating
Forced Air
Air Conditioning
Separate Meters
School District
Akron CSD - 7701

Listing Courtesy of: Richard Burroughs, burroughsrealty@aol.com With H & R Burroughs Realty, Inc.

Selling Office: Coldwell Banker Schmidt Realty.

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